PRTH vs. SPY
Compare and contrast key facts about Priority Technology Holdings, Inc. (PRTH) and SPDR S&P 500 ETF (SPY).
SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PRTH or SPY.
Correlation
The correlation between PRTH and SPY is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
PRTH vs. SPY - Performance Comparison
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Key characteristics
PRTH:
1.39
SPY:
0.68
PRTH:
2.01
SPY:
1.09
PRTH:
1.26
SPY:
1.16
PRTH:
1.75
SPY:
0.73
PRTH:
5.40
SPY:
2.81
PRTH:
22.50%
SPY:
4.88%
PRTH:
88.73%
SPY:
20.30%
PRTH:
-88.12%
SPY:
-55.19%
PRTH:
-38.00%
SPY:
-2.66%
Returns By Period
In the year-to-date period, PRTH achieves a -35.15% return, which is significantly lower than SPY's 1.80% return.
PRTH
-35.15%
9.64%
-9.29%
121.51%
16.82%
35.63%
N/A
SPY
1.80%
13.00%
1.78%
13.78%
16.84%
16.59%
12.75%
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Risk-Adjusted Performance
PRTH vs. SPY — Risk-Adjusted Performance Rank
PRTH
SPY
PRTH vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Priority Technology Holdings, Inc. (PRTH) and SPDR S&P 500 ETF (SPY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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Dividends
PRTH vs. SPY - Dividend Comparison
PRTH has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.20%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
PRTH Priority Technology Holdings, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 1.20% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
PRTH vs. SPY - Drawdown Comparison
The maximum PRTH drawdown since its inception was -88.12%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for PRTH and SPY. For additional features, visit the drawdowns tool.
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Volatility
PRTH vs. SPY - Volatility Comparison
Priority Technology Holdings, Inc. (PRTH) has a higher volatility of 22.18% compared to SPDR S&P 500 ETF (SPY) at 5.51%. This indicates that PRTH's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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